The platform will deliver intelligent, fully furnished, professionally managed residences strategically positioned near major employment hubs and educational centers
BC Asia Investments XXV and its persons acting in concert are also offering to purchase up to 24.42 crore fully paid-up equity shares through an open offer, representing 26 per cent of the expanded voting share capital from public shareholders of MFL
Bain’s entry gives the sparkle to India’s gold loan market as much as gold adds a shine to Bain’s portfolio.
Bain Capital will get the right to appoint a member on the board of the company as part of the deal, giving it joint control of the NBFC.
Bain to acquire approximately 22 percent stake from VP Nandakumar, Manappuram Finance’s founder and MD & CEO and come up with an open offer to increase stake to 42 percent
According to sources, promoters of Manappuram Finance and Bain Capital were not in agreement on structure of the deal
Earlier, Macrotech had also bought out real estate firm Ivanhoe Cambridge's stake in the three entities. The plan is in line with the company's strategy to increase annuity income
The fund — the firm’s fifth — will invest in the performing credit of large- and mid-sized companies that are seeking to expand
The company had explored a sale in 2022 after being approached by potential buyers.
Tyger Capital Pvt Ltd., acquired by Bain Capital from the Adani Group, aims to expand its loan portfolio twofold as it prepares for a listing on India’s stock exchanges in the upcoming fiscal year.
Bain Capital had a stake of 3.59 percent before selling all its share, the exchange filing said. BC Investments VI Limited had subscribed to 3,18,36,971 equity shares of the company, while BC Asia Growth Investments had 6,38,20,990 shares.
Moneycontrol reported on April 8 that Bain Capital was eyeing $430 million from unloading its remaining stake in Axis Bank
In November 2017, in one of the largest private equity investments in the Indian banking sector, Bain Capital invested Rs 6,854 crore in Axis Bank
In 2018, British private equity firm Apax Partners acquired Bengaluru based Healthium Medtech (earlier known as Sutures India Pvt Ltd) from investors including TPG Growth and CX Partners
The transaction is likely to be upwards of Rs 6,000 crore which is almost a three-fold jump in valuation from the acquisition price that Apax Partners paid while acquiring the company in 2018 from TPG Capital.
In 2018, TPG Capital invested around $135 million in Sai Life Sciences and the private equity firm currently holds a 43.4 percent stake
A round-up of top newspaper stories to keep you ahead of others.
The shares were sold at an average price of Rs 130 apiece, taking the combined transaction value to Rs 910 crore.
Bain Capital holds a 4.04 percent stake in L&T Finance Holdings as of the company's Junequarter shareholding data.
With the possibility of Bain Capital and Dr Reddy's entry in the race to acquire promoter's stake in Cipla, competition has now intensified as firms like Torrent Pharma and Blackstone have already placed their respective bids
Bain Capital seeks $123 million via the block deal. Shares of L&T Finance Holdings on August 2 closed 2 per cent lower at Rs 129.95 apiece on the BSE.
Pune-based Aquapharm produces water treatment chemicals. The promoters, the Mangwani family, will likely sell their entire stake, a report has said
Adani Capital was founded in 2017 to democratise access to affordable, convenient lending solutions and support the next generation of MSMEs and entrepreneurs in India
In its response, SoftwareOne board, said the offer "materially undervalues" the company and was not in its best interest or that of the majority of its shareholders.
The offer price range for the block deal is Rs 966 to Rs 977.70, sources told CNBC TV-18. This would mark a discount of 0-1.4 percent as against the current market price.